Bankers expect inflation at 2.21%

Bankers surveyed by pollster TNS Polska expect inflation between December 2013 and December 2014 to be 2.21 percent year-on-year, according to data quoted by ISBnews. A month ago the expectations were at 1.99 percent. CPI deflation amounted to 0.6 percent y/y in October compared to 0.3 percent in September, according to data from the Central Statistical Office. Data from TNS also show that bankers see the EUR/PLN rate at 4.22 at the end of next month. The USD/PLN rate is seen at 3.29. On Tuesday at 11:05 a.m. the EUR/PLN rate was 4.1893 and the USD/PLN rate was 3.3697.